All Forum Posts by: Ellie Hanson

Great choice on charity!!! That's a real problem that not a lot of people bother to learn about. Good on you!

I've been using Google Drive and scanning receipts into Neat. It's simple and doesn't require much. (Done up to 3 flips at a time this way) I've lately been thinking about switching to "real" accounting software bc we have started a company and need to keep more specific track of investor funds. I've been comparing Xero to QB and I'm leaning towards Xero but haven't figured out how to do the individual reporting I need yet. I can set up projects but the P & L reporting all seems to list them only for comparison purposes. I like the idea of Xero bc I can take a pic of the receipt and class it on my phone in the moment.

I use Neat and scan all my receipts. It's a challenging program that works great when it works. Neat conflicts with any security software so you'll have to disable the security firewall every time you want to use it. A pain but you get used to it. And their customer service is hit or miss. I love having copies of all my receipts tho without having to save any paper. I also use Google Drive and MileIQ both of which I love.

Welcome. Portland is hot right now. Keep at it!!

In Oregon there is a separate way to be a PM without being a RE broker. There's a separate class and test. Idk if they have this where you live but if so then it can be easier to do.

Been flipping for a few years and decided to stage for the first time this last house bc it's 632 sq ft. Staging makes it feel bigger and now we know for sure a queen bed fits no problem. Didn't use a staging company for thousands tho. Used a furniture leasing company (Aaron's) that was $220 a month. And they deliver and set up.

Probably depends on your area and how horrid the winters are for you. In Portland Oregon our winters are fairly mild and we have a hopping RE market all year. We had a flip go up on Friday and sold by Sunday with 7 offers. Less demand maybe but less homes for offer so it balances out. You should be able to look up days on market averages for your area and compare seasons.

Quick help needed. We have 5 offers on a house that has a slab foundation, no real driveway and the yard isn't done (it's winter). The rest of the flip is adorable and in perfect shape. One realtor said it probably won't pass FHA bc of the 3 above issues. Anyone have any thoughts? We need to accept an offer within the next few hours. Thanks!

Good questions I've also wondered about. What annoys me and the thing I don't understand is when I buy a house I pay for title insurance and 6 months later I have to pay again as the seller. Why do sellers have to pay? Shouldn't I get a discount on the second transaction as they *just* did all the research not 6 months earlier??

Make money = pay taxes. That's the way it works. You could live in the house for 2 years and then sell. Then you wouldn't have to pay tax.